Elon Musk

Meta’s Nick Clegg says Elon Musk has potential to be a political ‘puppet master’

On a podcast with BBC’s Nick Robinson, Meta’s president of global affairs, Nick Clegg, talked about how Elon Musk is “playing an outsized role in both the election and now the formation of the new U.S. administration.”  Clegg said he thinks that Elon Musk has a “choice” when it comes to his political future: to

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Elon Musk donated more than $260 million to elect Donald Trump

Fresh campaign financing data shows that Elon Musk poured more than $260 million into political groups in 2024 that helped Donald Trump win the presidential election and, consequently, secured a position for himself as the co-head of government efficiency, according to the Federal Election Commission. The New York Times reported that Musk and the entities he

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Elon Musk’s xAI lands billions in new cash to fuel AI ambitions

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The new cash brings xAI’s total raised to $12 billion, adding to the $6 billion

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OpenAI CEO Sam Altman says it’d be ‘un-American’ for Elon Musk to wield political influence to harm rivals

During an interview at The New York Times’ DealBook Summit on Wednesday, OpenAI CEO Sam Altman said that it’d be “profoundly un-American” for Elon Musk, the CEO of X and Tesla, to wield political influence to “hurt competitors” and “advantage [his] own businesses.” “I don’t think people would tolerate that,” he said, per Bloomberg. Musk,

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Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote

Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal. Her decision, laid out in a 103-page opinion published on Monday, explains that the attempt by

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Elon Musk files for injunction to halt OpenAI’s transition to a for-profit

Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investor and close collaborator, Microsoft, to prevent OpenAI and other named defendants from engaging in what Musk’s counsel claims is anticompetitive behavior. The motion for an injunction, which was filed late on Friday in the

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